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‎Why Nigeria’s Banks Still on Shaky Ground with Big Profits, Weak Capital

By Blaise Udunze‎‎Despite the fragile 2024 economy grappling with inflation, currency volatility, and weak growth, Nigeria’s banking industry was widely portrayed as successful...

BusinessNews

Banks’ N1.96Trn Black Hole: Who Took the Loans, Who Defaulted, and Why the Real Economy Suffers

By Blaise Udunze Nigeria’s banking sector has entered a season of reckoning. Eight of the nation’s biggest banks have collectively booked N1.96 trillion...

BusinessNews

‘He met with Tony Elumelu not banks’ executives,’ X user reacts to photo of Tinubu’s acclaimed meeting with bank executives 

By Chioma Obinagwam   Reactions have trailed a photo shared by the official X handle of President Bola Ahmed Tinubu’s Media centre Wednesday...

BusinessNews

Why Central Bank of Nigeria increased minimum capital requirements for banks

By Chioma Obinagwam   Nigeria’s apex bank, the Central Bank of Nigeria (CBN), had announced increased minimum capital requirements for banks.   According...

CrimeNews

Cyber attacks: Pundits task IT personnel of financial institutions on upskilling

Cybersecurity experts have urged banks and other financial institutions in the country as a matter of urgency to embark on deliberate efforts to...

BusinessNews

Naira redesign: CBN refutes claims of NSPMC’s incapabilities, closure of banks

By Chioma Obinagwam Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN), has debunked the news making rounds in a recording of...

BusinessNews

Nigerians stage protests against shortage of new naira notes, fuel (See videos)

By Chioma Obinagwam Nigerians in some parts of the country have staged protests over the current state of the economy, which is characterized...

BusinessNews

Momo PSB drags 18 banks to court over alleged 23bn fraud

Momo Payment Service Bank Limited (MPSBL), a banking subsidiary of MTN Nigeria has charged the Federal High Court to compel 18 commercial banks...

BusinessNews

Tax evasion: Kogi government seals off all Union Bank branches in state

The Kogi State Government on Friday sealed off all the Union Bank of Nigeria (UBN) Branches in the state. The government said their...

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‎Why Nigeria’s Banks Still on Shaky Ground with Big Profits, Weak Capital

By Blaise Udunze‎‎Despite the fragile 2024 economy grappling with inflation, currency volatility, and weak growth, Nigeria’s banking industry was widely portrayed as successful...

Why 2026 could be your year of extraordinary breakthroughs‎

By Chioma Obinagwam‎‎Year 2026 will mark the end of ordinary living for those willing to embrace divine discipline and fervent pursuit of God.‎‎Confiance...